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Anytime Fitness location

Vincennes, IN (Knox County)

Guest Entrance
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Asking Price: $107,000

Cash Flow: $38,000

Gross Revenue: $232,000

EBITDA: $49,000

FF&E: N/A

Inventory: N/A

Rent: $6,300 /Month

Established: 2009

Anytime Fitness location

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Business Description

HUGE opportunity in small market

The facility is located in a small market with only two competitors. The city has 20,000 residents but surrounding towns travel in for work. Big opportunity to establish a training program in a city that has none.

Detailed Information

Location:
Vincennes, IN
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,800
Lease Expiration:
12/21/2022
Employees:
1
Competition:
Two competitors, both on the other side of the city. The business is located a half-mile from a major highway and just down the road from the city's hospital. The facility is currently in a strip filled with Doctors and a restaurant.
Growth & Expansion:
The gym could be the only true training facility in town. The other two competitors don't offer much in that aspect.
Support & Training:
Owner is willing to provide training for up to 4 weeks
Reason for Selling:
Moving away for family
Franchise:
This business is an established franchise
Business Website:
http://www.anytimefitness.com/gyms/180/vincennes-in-47591/
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Business Listed By:
Jason Opel

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